Fear Of Failure

A recent survey by Orange reported no shortage of bright ideas, but cited the lack of confidence and a fear of failure as the main reasons for sitting on their hands. Orange said that budding entrepreneurs needed more encouragement to succeed. They called on help to be given to develop talented would-be entrepreneurs and to cultivate an appetite for rational risk in the education system.

A particular focus of Connect is to help innovators hone their ideas and share best practise through our Investor Readiness workshops and mentoring schemes. The role of Proof-of-Concept funding cannot be underestimated in helping these fledgling ideas gain momentum and we continue to lobby for improved business support in this area.